An in-depth look at the fall of Three Arrows Capital, led by Su Zhu and Kyle Davies, which built a solid reputation only to vaporize billions of dollars
Jen Wieczner / New York Magazine :
New York Magazine
2022-08-15
Jen Wieczner
New York Magazine , Three Arrows Capital , Jen Wieczner , Kyle Davies , Su Zhu
Discussion
@timccopeland
Tim Copeland
on x
in total, v strong piece that confirms a lot of what we knew. doesn't look like there will be a lot to salvage-which is one of my main concern's for state of affected businesses. crypto truly is the wild wild west
@jenwieczner
Jen Wieczner
on x
New from me: The complete story of what happened at 3AC, on the cover of @NYMag https://twitter.com/...
@timccopeland
Tim Copeland
on x
NYmag's piece on 3AC is very good. only thing is misses out on is the name of the third arrow https://nymag.com/...
@gabrielhaines
Gabriel Haines
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'even 3AC's own employees, who deposited their salaries with its “borrowing desk” in exchange' https://twitter.com/...
@timccopeland
Tim Copeland
on x
this is fair https://twitter.com/...
@timccopeland
Tim Copeland
on x
i can't get over this image https://twitter.com/...
@lil_smush
Will Gottsegen
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“They paid the Mafia back... If you start borrowing from these guys, you must be really desperate.” https://nymag.com/...
@jenwieczner
Jen Wieczner
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I can finally confirm the name of the $50 million yacht 3AC bought...behold: “Much Wow.” That and other details @NYMag https://nymag.com/...
@tier10k
@tier10k
on x
3AC's Yacht was to be called the “Much Wow” https://nymag.com/...
@joonian
Wong Joon Ian
on x
why did we never play squash #cryptosquash https://twitter.com/...